Universal Music Group admits a slow-down in subscriber growth rate for Apple Music and competitors

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Universal Music Group admits a slow-down in subscriber growth rate for Apple Music and competitors
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that there is slow growth for Apple Music and other streaming services. According to the label, this is a temporary slow-down, but some people in the industry think it's more likely a permanent thing.

It's not just Apple Music though. Spotify and Amazon Music also seem to be experiencing a slower growth rate, but the music industry has so far not acknowledged this. UMG seems the slow-down is temporary, but it's also possible that streaming of music has exited its high-growth era and is now setting into a slower-growth area.

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